It wasn't long ago that Larry Rothenberg had the kind of problem most advisors would kill for. Sometime in 2004, he recalls, his team, which then consisted of three senior financial advisors, three junior FAs and six client associates (CA), was...
Hedgie Gets $62M Fine: Michael Lauer, head of Lancer management Group and Lancer Management Group II, two Connecticut-based hedge funds, was ordered on May 14 to fork over $62 million within 15 days as a result of being found liable on SEC fraud...
Valerie Brown spoke with Registered Rep. about her new role as CEO of ING Advisors Network. Registered Rep.: What's your first priority as newly appointed CEO of ING Advisors Network? Valerie Brown: My first priority is listening. I have been with...
What can your fingers tell you? Apparently, a lot. According to a study co-authored by John M. Coates and published in January in a scientific journal called PNAS, the larger the ratio of the length of your index finger to the length of your ring...
A veteran independent advisor, Joe Ventura needs junior associates with sufficient get-up-and-go to help attract new business. Trouble is, he's having a tough time finding them. As usual, we turned to our panel of experts: Hellen Davis, president...
I 'm not saying that FINRA is seeing Communists under every bed, but lately, our regulator is sure seeing a lot of Reds as in red flags. Consider these two recent disciplinary actions. Waving Red Flags Registered Principal Robert Anthony Bellia Jr...
The Obama Administration hasn't revealed its plans for overhauling financial regulation, but one proposal is getting a lot of attention the creation of a new agency to oversee consumer financial products a job currently shared by the Fed, the SEC...
It is tempting to declare the recent rally in financial shares, and the market in general, the real deal. After all, some formerly bearish (and respected) analysts believe the upswing indicates a real turn in the markets, or, at least, is likely...
